Cincinnati Bengal Chad “Ocho CInco” Johnson owes some pocket change to the Chrysler Financing company after buying a jeep from them last year. But the fact he hasn’t paid his car note in several months seems odd. So the company is suing him for the $34k he owes on his loan:
He paid $55,5487.35 for the vehicle but put $20,000 down on it, getting a loan for $37,975 for the car he bought from Northgate Chrysler Jeep.
The suit accuses him of being in default on the loan, having paid $3,200 on the car in 13 months.
It claims he owes $34,709.72 on that loan plus 15 percent interest annually from Sept. 10, 2009, likely the last payment the company received on the car. His monthly payments are $847.11.
Source
Fire your people Chad. This ish is unacceptable.
UPDATE: Chad took to Twitter to explain his “situation” and says he actually bought the car for a family member and they are the ones defaulting:
Our advice still stands. Fire your people Chad.
Another baller caught up on domestic violence charges when you read the rest…
In other football news, Ravens baller Terrell Suggs just got charged with dmestic violence charges by his fiance and baby’s mama Candace Williams. Candace says he threw bleach on her and their son after knocking her down after an argument over some game tickets. WTF??
But Terrell claims he’s not even in a relationship with her. Candace has still copped a restraining order against him:
According to the complaint made available Monday, Williams said Suggs threw a soap dispenser at her head, hit her in the chest with his hand, and held a bottle of bleach over her and their son, which spilled on them and caused a rash. A District Court judge wrote that a laceration was visible on Williams’ chest.
A follow-up hearing has been scheduled for Friday. Suggs’ attorney, Eric Gordon, could not be reached for comment.
The allegations came in an application for a protective order, a civil process initiated by individuals, and Suggs has not been charged with a crime. Court records also indicate that the Department of Social Services has become involved.
Ravens vice president Kevin Byrne said the team has a copy of Williams’ court report and reiterated that Suggs “will have his chance to tell his side of the story.”
Source
When will 2009 end?!?!
Tue, December 8, 2009 2:33 PM
Having money does not mean you have class. Why can’t these men just walk away from the nonsense! dummy (if he did it)
Tue, December 8, 2009 2:45 PM
poured bleach on his child??? He’s trash!!!! And why do people insist on buying things they cannot afford?
Tue, December 8, 2009 2:50 PM
I’m sure Ochocinco is not w/o money. For someone who just got fined $20k, I’m sure this payment fiasco must be an oversight.
Tue, December 8, 2009 2:51 PM
Hey tasha..this morning on twitter chad johnson already talked about this situation..he said he co signed a car 4 someone & they haven’t been paying the note..also said he won’t be doing that anymore…i think it was a family member..twitter informs us of alot maybe even too much some times!
Tue, December 8, 2009 2:51 PM
Ocho needs more people……….and Jesus!!!!
Tue, December 8, 2009 2:51 PM
I’m sorry..an $847 car payment for a what?? A jeep?? I could see a Mercedes or Land Rover..A JEEP? What is we gon’ do ya’ll?? Evidently all ballers can’t ball. WTH!
Tue, December 8, 2009 2:51 PM
Chad co-signed for his brother Ray to get the Charger and his brother failed to make the payments, so the finance company came after him. Don’t believe the hype.
I’m confused as to why Suggs isn’t charged with a crime, and there was a visible laceration.
Tue, December 8, 2009 3:04 PM
Ummm, I wanna know what kind of Jeep cost 56,000? I sure hope it was fully loaded and with every damn bells and whistles for that price.
Tue, December 8, 2009 3:08 PM
illiteracy is HUGE in the african-american community.This foolishness is just the result of all that.
big pockets full of money, but no brain, no intelligence to get a steady life!
Tue, December 8, 2009 3:09 PM
These ballers get blessed with money and act like got damn fools. Not paying their bills and abusing their women & kids. SMDH!!! Give me the money, I’ll damn sure act right lol!!
Tue, December 8, 2009 3:10 PM
Ditto. Chad wouldn’t be buying a jeep for himself. Come on now. Obviously it was for a friend or family member who defaulted on the loan. Stop trying to make this man look bad!
And as for Suggs get that temper under control Homie. I don’t think he purposely hurt his child which is why he isn’t in jail now. His issue is with the baby mama. This baby mama drama is getting out of hand! SMH!
Tue, December 8, 2009 3:11 PM
ocho broko needs to go ahead and pays his bills. He acts like he doesn’t have any $$$ and what’s up with all those bad checks? He seems stingy when it comes to his $. Be a man and handle ur business b4 anything else.
Tue, December 8, 2009 3:25 PM
This should be a lesson for everyone: DO NOT co-sign for anyone on a car. It never ends well.
Tue, December 8, 2009 3:46 PM
But I will co-sign on ur comment though!!
And SMDH at that picture of Chad looking like a baby golden war lord from Meteor Man! That baby fro-hawk is no good!!
Tue, December 8, 2009 3:48 PM
Okay. So Ocho or whatever the fuck this bamboon calls himself..if you got the money just buy the damn car in full. Or better yet get a really nice used one. If it ain’t for you, don’t go through all of that financial stress cuz you know at the end of the day it will end up back on you. If your fam ain’t balling, don’t leave em with a damn 800 dollar car note. That shit will never get paid. Smh
That baller, I read about that story..they are BOTH childish and now she trying to paint a pic like he beat her ass. The bitch spit on him and disrespected him in front of his people which I don’t condone but she was pushing his buttons after that. I read the story. This is one of the reasons why brothas don’t want to fuck with us once they get the money because there are some true bitches out there with no class. Now she wants to use the baby as a way to get the flack off of her should anyone find out what really set him off. I am not condoning the bleach thing, but she pushed him to that point and that wasn’t right of her to do that. Now when he loses the money what the bitch gonna do for child support? Dummy
Tue, December 8, 2009 3:51 PM
I die!
Tue, December 8, 2009 3:52 PM
First of all..I’m not co-signing for a 55,00 car for no family member! If your family member needs you to co-sign it’s obvious they can not afford it.
Second…who spends almost $56,000 for a jeep?
Tue, December 8, 2009 4:16 PM
LMAO!! I agree
Tue, December 8, 2009 4:28 PM
When did OchoCinco co-signing for a vehicle become HOT news. FAIL! He already spoke all about this on twitter & let everyone who follows him know the real deal. Now, if CNN or ESPN was reporting this before he knew about, then I’ll say he needs more people, but since that didn’t happen….FAIL!
Tue, December 8, 2009 5:02 PM
First off, I heart Ocho Cinco! Yeah, I’ll be a groupie for today lol… Secondly this is a non-story. You know that man got money, he might not be ballin on YO level, but he good fa dat 37K ya feel me?!
Tue, December 8, 2009 5:28 PM
THESE ATLETHES JUST GET DUMBMER AND DUMBMER. THEY ARE JUST WORLD CLASS JACKASSES! THEY REALLY DON’T KNOW HOW TO HANDLE THEMSELVES WHEN THEY GET THESE BIG MILLION DOLLAR CONTRACTS DUMB ASSES! ACT LIKE YOU GOT SENSE.
Tue, December 8, 2009 9:01 PM
AMEN
Tue, December 8, 2009 9:02 PM
WOW
Tue, December 8, 2009 9:03 PM
A Shame
Tue, December 8, 2009 9:04 PM
Because they are Insecure Wannabees who want to impress Others
Tue, December 8, 2009 9:04 PM
GoodNite Good PEOPLE – Be Well!
Tue, December 8, 2009 11:11 PM
if chad aint Spike from the Gremlins then i dont know what!!!!
Tue, December 8, 2009 11:56 PM
Ha ha!! I loved Meteor Man. I have it on DVD.
Wed, December 9, 2009 10:07 AM
This is the exact reason why I don’t co-sign shit!
Wed, December 9, 2009 2:48 PM
LOL @ “evidently all ballers can’t call”. Why buy a $55K Jeep when you could have taken that $20K and bought them a nice used car? Beggars cannot be choosers and if the family member didn’t like that, then oh well.
And, if old dude did pour bleach on his kid, then he should have the same thing done to him in addition to a fine and a weekend in jail. No excuse.
Wow!
Wed, December 9, 2009 4:35 PM
First of Chad does not have a brother named RAY. Second, my cousin works at the dealership where OCHO CINCO bought the TWO no ONE but two indentical cars one for him and the other for his brother. He didn’t pay for either cars, he never co-signed. How is your brother going to pay for a car when he said at the dealership that it was a gift and he did NOT co-sign his brother was never present.
Sun, December 13, 2009 11:41 AM
to reply to foleys comment about that “bitch spitting on him and provoking him” shut the fuck up because even if she did provoke him his big ass should have been man enough to walk away but by me knowing the truth i know that he beat her ass for a long time and bleach come on foley thats a bit extreme for anybody to go thru especially from a big ass line backer/defensive end but it seems to me like ur saying its okay for a man to hit a woman if she provokes him so my question to u mr. Foley is that what u do to your women and its a good thing she got out now because then her children would have continued to live in that negative environment, risking them to pick up bad habits.
Mon, December 21, 2009 4:26 AM
Keep posting stuff like this. I really like it.